The President of the Russian Federation gave an interview to CNBC and answering the questions of the presenter Handley Gamble expressed his opinion about cryptocurrency as a means of payment. According to him, cryptocurrency can be a means of settlement and is convenient for transfers, but it is too early to talk about the conclusion of oil contracts using cryptocurrency when calculating oil contracts due to the high volatility of the asset. He also mentioned that the cryptocurrency is not backed up by anything and a huge amount of energy will be required to simulate it and maintain the system. #Cryptocurrency
No comments yet